GBP/USD is near support
GBP/USD formed a lower high at the start of this month, pressured by the strong resistance in the 1.30 area.
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The USD/CAD consolidated at the resistance of the Moving Average and psychological levels
Technical analysis of the USD/CAD
Keep an eye on EUR/NZD
EUR/NZD formed a number of candlesticks with long lower wicks on the D1 - a sign that there’s demand for the euro around 1.7300.
XAU/USD: important technical levels
XAU/USD ran into the resistance area around $1,515 which has been limiting the upside since the start of October - gold hasn’t closed above this level on the D1.
USD/CHF moving up within the triangle pattern
Technical analysis of USD/CHF
November for currencies: some calm at last?
Find out what awaits the major currencies this month: Brexit, trade war, central bank meetings and more.
EUR/CAD has reached the top of the range
EUR/CAD strengthened last week but ran into the resistance of the 100-day MA around 1.4675.
NZD/CAD on the rise
NZD/CAD testing 6-weeks resistance on November 1
USD/CAD returned to resistance
USD/CAD shot up this week but met the resistance of the daily MAs in the 1.3200 area. Here’s also the 50% retracement of the October advance.
NZD/USD: an interesting setup
Price action in NZD/USD strongly resembles the so-called “cup and a handle” pattern on the D1.
CAD/CHF has slumped
Have a look at the chart of CAD/CHF: the pair is testing daily moving averages.
Interest rates: US Fed, Bank of Canada and Bank of Japan releases
This week three major institutions release their respective interest rate decisions; we examine the conditions and consequences of each one